Is this a buying op for LEDS or did they show fundamental weakness with their #s. I do not follow LEDS at all but have seen several mention it hear on the forum. Did they have a big miss to get slammed this way?

Is this a buying op for LEDS or did they show fundamental weakness with their #s. I do not follow LEDS at all but have seen several mention it hear on the forum. Did they have a big miss to get slammed this way?

I'm looking at is as a buying op. I need to DCA big time. not sure when to pull the trigger though. they missed #'s but looks like one time charges was the culprit

"Unfortunately the combination of a series of one-time events greatly impacted our business performance this quarter," said Trung Doan, Chairman, President and CEO. "Despite this brief set-back, we remain confident we have the right strategy in place, focusing on profitable market segments where the performance and quality of our products continues to differentiate us," concluded Doan.

Is this a buying op for LEDS or did they show fundamental weakness with their #s. I do not follow LEDS at all but have seen several mention it hear on the forum. Did they have a big miss to get slammed this way?

These numbers look pretty bad, ESP the operating margins.

SemiLEDs Corp. (NASDAQ: LEDS) 16% LOWER; reported Q3 EPS of ($0.24), $0.03 worse than the analyst estimate of ($0.21). Revenue for the quarter came in at $3.5 million versus the consensus estimate of $5.17 million. GAAP gross margin for the third quarter of fiscal 2013 was negative 129%, compared with gross margin for the third quarter of fiscal 2012 of negative 11%. Operating margin for the third quarter of fiscal 2013 was negative 278% compared with negative 87% in the third quarter of fiscal 2012.

ONVO on NYSE today, shot up at open to $5.90, now consolidating at $5.02, yest closed at $5.40. I am THINKING about picking up some more shares, but it still was under $4 Monday. New realm now, funds can buy, over $5 on NYSE. What to do, what to do????

Is this a buying op for LEDS or did they show fundamental weakness with their #s. I do not follow LEDS at all but have seen several mention it hear on the forum. Did they have a big miss to get slammed this way?

I do not own any LEDS, but have been considering buying if I could find a good entry point/price. Its been as low as 60cents in the last 12 months. that's about all I have to say... just woke up... still half asleep (I'm on the west coast).